WLFI Token Plummets 46% After Insider Sell-Off and Exchange Transfers

The WLFI token experienced a dramatic decline, plummeting 46% in value following an insider sell-off. A massive transfer of over 698 million tokens occurred within the first 24 hours, with Binance receiving a substantial portion. The price drop was triggered by a combination of insider selling and automated market activity. Analysis reveals that several significant wallets belonging to insiders and entities with strong links to early investors liquidated their holdings rapidly.